Salesforce still mulls bid for Twitter as shareholders resist - sources

Salesforce still mulls bid for Twitter as shareholders resist - sources
 

Salesforce.com Inc (CRM.N) is still deliberating whether it should make an offer for Twitter Inc (TWTR.N) in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said on Monday.
Twitter shares have lost as much as a third of their value since Oct. 5 on concerns the company has attracted less interest from potential acquirers than previously envisaged. It now has a market capitalization of $12 billion.
Salesforce is deliberating whether it is worth making a lowball offer for Twitter in the coming days... read more

 
10 October 2016 in Science &Technology, Views: 55
Source: Reuters
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